For more than 25 years, international financier Robert Friedland has been recognized by leaders of the global financial sector and mineral resource industries as an entrepreneurial explorer and company builder. He is credited with key leadership roles in several world-scale mineral discoveries and minedevelopment projects, and with having guided strategic exploration and investment decisions that havesuccessfully contributed to significant economic growth in established and emerging markets in Asia, the Asia Pacific Region, Sub-Saharan Africa and the Americas.
Mr. Friedland’s career achievements, enterprise and leadership were recognized in January 2016 when he was inducted into the prestigious Canadian Mining Hall of Fame, which cited his company-building and exploration achievements, declaring him “a dynamic, transformative force in the Canadian andinternational mining industries” and “one of the most recognized mining personalities and achievers in the world”. Mr. Friedland said at the ceremony that he shared the honour with several teams of dedicated individuals whose efforts with his companies during the past 30 years had contributed to a series of notable discoveries and new mines.
In December 2016, the U.K.-based Mining Journal reaffirmed its original December 2015 ranking of Mr. Friedland among the Top 20 Most Influential People shaping the future of the world of mining, describing him as “the undisputed king of junior development”. In October 2016, Canada’s Financial Post Magazine named Mr. Friedland one of 25 members of its inaugural Power List – termed “the biggest, buzziest and most influential movers and shakers in Canada and beyond”.
Mr. Friedland founded Ivanhoe Capital Corporation in 1987. He now leads his family’s private company from bases in Singapore, Beijing, London and Vancouver, specializing in the provision of venture capital and project financing for international business enterprises. With Mr. Friedland’s initiating leadership, executives from the affiliated Ivanhoe group of benefiting public and private companies, and an ensuing range of significant international projects, have raised more than US$25 billion in equity and debt financing on world capital markets since 1993. This capital has been invested in more than 30 nations, directed primarily at the discovery and production of mineral resources and the development and application of innovative exploration, processing and communications technologies.
From its founding in 1994, the Ivanhoe Mines enterprise brand has evolved as Mr. Friedland’s pre-eminent flagship for international mining and mineral exploration. He has served variously as the company’s Executive Chairman, President and Chief Executive Officer. Between 1996 and 2012, the original Ivanhoe Mines and its subsidiaries conducted or participated in mining operations in Mongolia, Australia, China, Myanmar, South Korea and Fiji, and built a large shareholder base through listings on North America’s Toronto, New York and NASDAQ stock exchanges.
Ivanhoe Mines’ exploration in Mongolia led to a decade of discoveries that revealed a 12.4-kilometrelong (7.7-mile) chain of world-scale copper and gold deposits. Construction of the Oyu Tolgoi miningcomplex began in 2010; initial production began in 2013. International mining giant Rio Tinto acquired control of Ivanhoe Mines in 2012 and renamed the company Turquoise Hill Resources.
Today, the new, and renewed, Ivanhoe Mines is advancing its three principal projects in Sub-Saharan Africa: 1) Mine development and ongoing exploration at the Kamoa-Kakula Copper Project – already independently ranked as the world’s largest, high-grade copper discovery – in the Democratic Republic of Congo; 2) mine development at the Platreef platinum-palladium-gold-nickel-copper discovery on the Northern Limb of South Africa’s Bushveld Complex; and 3) upgrading of the historic, high-grade Kipushi zinc-copper-lead-germanium mine, also on the Central African Copperbelt in the D. R. Congo.